Transactions: General Dynamics

  • Date/Status
  • Client
  • Description
  • Transaction Value
  • July 04, 2011
    (Closed)
  • Exclusive financial advisor to General Dynamics on the divestiture of General Dynamics Detection Systems to Chemring

  • $90 million

General Dynamics’ management and Board of Directors elected to divest the company’s Detection Systems business, a leading supplier of devices for detecting chemical, biological and explosive threats for the DoD, as part of a broader strategic portfolio realignment.  The transaction represented a meaningful expansion by Chemring plc into attractive DoD-related  chemical, biological and explosive/counter-IED detection markets to augment its existing capabilities.